signal strength 1 of 5
According to the chart of M5, AUDCAD formed the Bullish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: the lower border 0.8711 – 0.8711 and upper border 0.8741 – 0.8741. In case the upper border is broken, the instrument is likely to follow the upward trend.
The M5 and M15 time frames may have more false entry points.
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- Rectangle
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- Triple top
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According to the chart of M15, NZDCAD formed the Head and Shoulders pattern. The Head’s top is set at 0.8118 while the median line of the Neck is found
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on NZDCAD M5. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should
The M5 and M15 time frames may have more false entry points.
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The technical pattern called Head and Shoulders has appeared on the chart of AUDJPY M15. There are weighty reasons to suggest that the price will surpass the Neckline 96.07/96.07 after
The M5 and M15 time frames may have more false entry points.
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